Search Results for: Binance USDC

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Esmaspäeval, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

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Silicon Valley pank (SVB) has become the center of attention after its collapse prompted the U.S. Föderaalne hoiuste kindlustamise korporatsioon (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts…

Binance suurendab USDC osalust, kuna BUSD turukapital langeb

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Kaheksa päeva tagasi, Paxos teatas, et ettevõte ei vermi enam stabiilset münti BUSD. Sellest ajast, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Vahepeal, Nanseni andmeuurija on avastanud, et Binance,…

Peaaegu 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Päevad

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Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Praegu, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

USDT raputav hind segab Alameda reservidega seotud spekulatsioone, Tether külmub 46 Miljon žetoone

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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 ühiku kohta. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Lisaks,…

Stablecoin GUSD pakkumine hüppab lähedale 130% Kõrgemal sisse 30 Päevad

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While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% viimase ajal 30 päevadel. GUSD Sees…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% sisse 2 Kuud

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In mid-August, või 68 päeva tagasi, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 miljardit. BUSD’s growth comes at a time when the market valuations of the top…

Stablecoini majandus jätkab langust – USDC turukapitali langus $6.7 Miljard sisse 83 Päevad

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Just over two months or approximately 83 päeva tagasi, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

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Septembril 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy…